Stock Market

Onconova Therapeutics (NASDAQ:ONTX) stock is on the move Tuesday despite a lack of recent news from the company. Source: Bukhta Yurii / Shutterstock.com The boost to Onconova Therapeutics stock today comes as it experiences heavy trading. This has more than 107 million shares of ONTX stock changing hands as of this writing. For comparison, that’s

Among the curious developments amid the novel coronavirus pandemic has been soaring interest in electric vehicles (EVs). Always a forward-looking sector, EVs took on greater urgency during this crisis when Covid-19 disrupted the global auto supply chain. That’s because, structurally, EVs have fewer moving parts, insulating their manufacturing from outside events. However, current technologies underlining

It’s been a phenomenal year for Nio (NYSE:NIO) stock. The once-tiny electric-vehicle (EV) startup rocketed in value as aggressive investors from all walks of life have piled in. Shares are now up 1,400% since the start of the year. Source: Andy Feng / Shutterstock.com More conservative investors might worry: China has produced some stunning fraud

Investment Thesis Fortescue – Iron Ore Producer On the surface, Fortescue (OTCQX:FSUGY) (OTCQX:FSUMF) is an iron ore miner, at the mercy of fluctuations in commodity prices, and with all its eggs in one basket, selling close to 95% by value of its ore into the Chinese market in 2020. Dig deeper, and one finds Fortescue

2020 has been a crazy year. Some stocks have fallen 90%; others have risen 900%. Some industries are in turmoil, while others are experiencing the best growth imaginable. For better or for worse, Teladoc Health (NASDAQ:TDOC) is experiencing strong growth this year. As a result, TDOC stock is up 126% in 2020.  Source: Piotr Swat

Nio (NYSE:NIO), the Chinese maker of luxury electric vehicles, is not Tesla (NASDAQ:TSLA). But investors are treating NIO stock as though it is. Source: Carrie Fereday / Shutterstock.com The shares have been a 10-bagger, gaining 1,227% in value through Nov. 24. The gains have come since the government of China announced it was handing the firm

Here’s a little investing brain teaser to shake you out of your tryptophan coma this holiday weekend. Source: Shutterstock What do these four companies have in common … besides absolutely massive gains? Microsoft (NASDAQ:MSFT) Oracle (NYSE:ORCL) Salesforce.com (NYSE:CRM) Adobe Systems (NASDAQ:ADBE) They’re all well-known tech giants worth a ton of money, from Oracle’s $173 billion

Is Salesforce (NYSE:CRM) buying Slack (NYSE:WORK)? Turns out, that is a question that many investors want answers to on Wednesday. After a Wall Street Journal report broke, rumor has it that may be true. But what would it mean for WORK stock? And what do we actually know now? Source: Sundry Photography / Shutterstock.com With

I hope you and yours had a happy and healthy Thanksgiving. Source: Shutterstock I know it was different and even difficult for a lot of folks this year, but I do hope you have been able to find things in your life for which you are thankful. I am thankful for many things … especially

After ripping past $25 per share without skipping a beat, could Switchback Energy (NYSE:SBE) stock soar up to $50 per share? Given the extreme enthusiasm behind this name, it’s possible in the near-term. Source: Michael Vi / Shutterstock.com This SPAC (blank-check company) is just weeks away from completing its merger with EV infrastructure company ChargePoint.

NextEra Energy (NYSE:NEE) is clearly on a warpath to acquire or merge with another utility as news emerged recently about a recent bid. If successful, one effect this will have will be to justify the high valuation of NEE stock. Source: madamF / Shutterstock.com Investors should take note of this situation, as I pointed out

The mere mention of electric vehicles is well, electrifying. The sector, and other related stocks like Li Auto (NASDAQ:LI) show no signs of slowing down. Source: Carrie Fereday / Shutterstock.com Over the last few weeks alone: Tesla (NASDAQ:TSLA) ran from a July low of $187.43 to $528 Nio (NYSE:NIO) ran from $6.80 to $56 Workhorse

It was a quiet session on Wednesday, the last full day of trading this week. Remember, the stock market is closed on Thursday for Thanksgiving and only open for a partial session on Friday. Let’s look at a few top stock trades moving today.  Top Stock Trades for Tomorrow No. 1: Nikola (NKLA) Investors already

Next year at this time, we will celebrate the 400th anniversary of what’s considered the first Thanksgiving. Source: Shutterstock You know the story. Colonists who had come to America aboard the Mayflower and celebrated the harvest with the Native Americans. I had forgotten it was a three-day feast. Most of us today gather for one

Mmtec, Inc (NASDAQ:MTC) is soaring higher on Wednesday despite a lack of news about the company. Source: Wright Studio / Shutterstock.com The surge in MTC stock comes alongside heavy trading in the early hours of the day. As of this morning, more than 64 million shares of the stock have changed hands. For comparison, Mmtec’s

With Thanksgiving just two days away … I offer you my special “Turkey Day” MoneyLine podcast. Source: Shutterstock It’s one of the most information-heavy and idea-packed shows I have ever recorded. It’s a special thank you to my loyal followers — and a nice little bonus to give you an edge at your holiday get-togethers.

SPACs, or special purpose acquisition companies, have been on fire in 2020. The SPAC structure has been around for close to three decades, but its popularity has exploded recently. There are a number of reasons why. Perhaps the most salient is the unprecedented volatility in public markets. The traditional initial public offering process requires the

Sunworks (NASDAQ:SUNW) is seeing its stock soar Monday, up more than 25%. But without any recent news or press releases from the solar company, what is behind the rise in SUNW stock? Source: Shutterstock Even without any recent news, investors should still pay close attention to the California-based solar company. Especially after shareholders rejected a

It’s been a great year for initial public offerings (IPO). Array Technologies (NASDAQ:ARRY) recently joined the big list of 2020 IPO winners. The company IPOed just last month at $22 per share. Array stock opened trading at $32, and now, just a month later, is already up to $40. Source: Diyana Dimitrova / Shutterstock.com No doubt,

Alteryx (NYSE:AYX) is focused on cloud-based data analytics software. That’s pushing two big buttons for business. Everyone wants to move to cloud-based tools, which are easy to deploy, easy to scale up and remotely accessible. Data analytics is seen as being critical to gaining customer insight and helping businesses rapidly solve problems. That combination, along